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Italy's antitrust authority ordered Meta to halt WhatsApp terms that exclude rival AI chatbots, citing potential abuse of a dominant position. Meta criticized the decision, claiming AI chatbots strain their systems. The investigation, part of broader EU actions against Big Tech, aims to prevent market restriction and consumer harm. The Italian watchdog is coordinating with the European Commission for effective resolution.
A federal judge upheld President Trump's $100,000 fee on new H-1B visas, rejecting a challenge by U.S. business groups. The decision impacts tech companies like Amazon, Microsoft, and Tata Consultancy, which rely on foreign skilled workers. The U.S. Chamber of Commerce expressed disappointment, citing potential affordability issues for small businesses. The H-1B program, crucial for hiring specialized talent, will see increased costs, affecting visa issuance and employment strategies.
Waymo announced a system upgrade for its autonomous vehicle fleet to enhance emergency response capabilities in extreme infrastructure failure situations. This move stems from the major power outage incident in San Francisco, where Waymo's self-driving taxis were thrown into chaos due to traffic signal failures. The company is implementing three emergency measures, including technical updates, upgrades to emergency response protocols, and coordination with the city government to ensure vehicles can act more decisively during power outages
Traditional American financial investors are expected to provide only a small portion of the funding, around $10 billion; cash-rich tech giants like Amazon are in talks for at least $10 billion in investment; sovereign wealth funds and large banks are seen as important potential sources of funding, with Abu Dhabi's MGX fund and Saudi Arabia's Public Investment Fund both showing strong interest
Dan Bin, Chairman of Dongfang Hongwan, stated at the 2025 Xueqiu Carnival that artificial intelligence is a long-term investment opportunity lasting over ten years, and that worrying about bubbles is less important than fearing missing out on the era. He believes that next year will be the "year of application explosion," with the foundational layer and application layer developing together. Great companies can break through valuation limits over long cycles, where value and growth are integrated, and the margin of safety in investment lies in the company's growth capability
